3654 Arnelle Road, Columbus, OH 43228 (MLS # 225024681)
Brought to you by RE/Max Consultant Group
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This fully renovated 4-unit townhouse, updated in 2024 with new kitchens, bathrooms, flooring, carpets, central air conditioning condenser units, and windows, offers 5,940 sq ft of living space. Each unit features 2 bedrooms, 1.5 baths, and a full basement. Located in a convenient Columbus neighborhood within the South Western School District, the property is currently 75% occupied and includes gas forced-air heating and on-street parking. Tenants reimburse for water and pay electricity, gas, sewer, and trash. Presently delivering a 7.1% cap rate, the property holds potential to reach 10% at full occupancy. With strong value-add opportunities and recent upgrades, this investment promises steady cash flow and growth.
| DAYS ON MARKET | 1 | LAST UPDATED | 7/5/2025 |
|---|---|---|---|
| YEAR BUILT | 1970 | COUNTY | Franklin |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| CONSTRUCTION | Brick |
| HEAT | Forced Air |
| LOT | 10454 sq ft |
| SEWER | Public Sewer |
| TAXES | 4895 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
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Listing provided by Di Lusso Real Estate, Fisal Ikhmayes
Listing information is deemed reliable, but not guaranteed.
This IDX solution is (c) Diverse Solutions 2025.